Economy in Virginia Beach, Virginia

Virginia Beach has an unemployment rate of 3.8%. The US average is 5.2%.

Virginia Beach has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 35.6%, which is lower than the US average of 38.0%.

Tax Rates for Virginia Beach - The Sales Tax Rate for Virginia Beach is 6.0%. The US average is 6.0%. - The Income Tax Rate for Virginia Beach is 5.8%. The US average is 4.6%.

Income and Salaries for Virginia Beach - The average income of a Virginia Beach resident is $32,477 a year. The US average is $28,555 a year. - The Median household income of a Virginia Beach resident is $67,001 a year. The US average is $53,482 a year.

Great Place to Grow Up - 6/13/2018 I lived in the Kempsville area of VB growing up and loved it. There's no way to be bored when you have so many public and neighborhood parks, libraries, events,... Read More

A Great Place to Raise a Family - 8/20/2014I was born & raised in southern California but I've lived here in Virginia Beach since 1976. The weather is not as nice as California but really nothing to complain... Read More

Virginia Beach has it all - 1/24/2014Amazing reading these other posts!
Came to website verifying a statistic I had read about the cost of living in Hampton Roads area. Got sucked into reading the posts... Read More